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to provide new housing opportunities through the use of project based vouchers. some of these suggest stream line processes and hud section 8 project base rental assistant program. we have invited secretary -- assistant secretary here to share the administration's recommendations on this important topic and i look forward to learning where there may be consensus around common sense reforms that will turn to section 8 an public housing assistant programs for families, partners, and taxpayers. are there any other members -- [laughter] >> that's a good question. >> yeah do you wish to make a brief opening statement? >> mr. chairman, thank you again, for holding this hearing, very important. welcome, madam secretary, and i look forward to your testimony thank you. thank you, mr. chairman. >> thank you all and i want to remind my colleagues that the record will be open for the next seven days for opening statements and any materials who would like to submit. i will briefly introduce the honorable senator enriques the depart
:00 p.m., first responders benefited on long beach island. make sure you join us on monday. "squawk on the street" is next. >>> good friday morning. welcome to "squawk on the street." live at the nyse. a blowout session in shanghai overnight. best single day gain in more than three years on a pretty decent pmi. europe has also been a blend of red and green as the ft names ecb chief the person of the year. we're going to kick off with breaking news. for that would, we go to david faber. >> news on best buy, in the news yesterday. the stock up sharply. what we can tell you right now is the board of directors of best buy, and its founder, richard schultz, has been trying to put together a group to essentially buy the company in a go private transaction, have extended the deadline in which he would need to come with a bid for best buy and created a window in fact that will begin on february 1st next year and end with the end of that month on february the 28th. giving schultz the opportunity to look at not just christmas sales, but the end of their fiscal year, which will end at best buy
it is embarrassing to compared government funding for amtrak with u.s. government funding for domestic aviation and highway speed passenger >> to build and maintain one of the best highways systems in the world, we've spent $114 billion and built it over 45 years and today it would be $126 billion. con jex on our roads are at historic levels and by 2020 urban interstates will be at or over capacity. and anyone who has had the pleasure of flying recently they know the problems that plag our nation's airport ch airports, in fact, in spite of all this amtrak carries more riders from new york to boston than all other airlines put together. 50% of people that travel this distance. and between washington d.c. and new york city, amtrak carries twice as many passengers as all airlines come bind. today it carries 75% of inner city travel letters between new york and washington. amtrak has done all this with the threat of funding cuts and privatization especially of the profitable northeast corridor hanging over its head. we know that in other parts of the world privatization of hig
this morning. it's a big development in the fight against syria and a new level of u.s. involvement. we just learned within the past few hours the defense secretary leon panetta signed an order sending two patriot missile batteries to turkey. that's to assist that nation in defending against any pollible military action by syria. this move was expected as the civil war in syria destabilizes the assad regime with each passing day. in addition to this, 400 u.s. troops are going to turkey. they will be deployed to operate the missile batteries. cnn's nick payton walsh has the development. >> reporter: good morning. 400 personnel will be accompanying the batteries. let me give you history. over the past two months, we saw sporadic exchanges of fire across the border. syrian military firing into turkey causing often destruction and death. turkey often responding. that brought about this request to nato for patriot missile batteries. they're supposed to be there. this particular type better at taking out missiles in the sky rather than taking down aircraft. but this move part of a nato response. a
in benghazi. meanwhile former u.s. ambassador to the snuchlt john bolton explains why he thinks all of this suspect had aing. >> i think they had come to a political conclusion it was too costly for the nomination to go forward and she wanted to get her $0.02 on that. i wouldn't be surprised after a few friendly interviews there is more discussion about it. i think the administration wants to get this off the radar screen. >>> massachusetts democratic senator john kerry is now believed to be president obama's top choice to replace hillary clinton and secretary of state. don't expect ambassador tore rice to dispier. she is being mentioned as a pick for national security advisor a very important job that does not require senate confirmation and it is on the schedule to meet with president obama later on today. heather? >> thank you so much. no senate confirmation. that might be key. now it is time for a look at who is talking. >> charles krauthammer looking at his reason why he believes rice heyed the decision. >> had she been nominated benghazi scandal above been on the front page. w
against the u.s. skimping on care. host: this from sasha -- guest: that is one proposal that gets floated by democrats. medicare part d bargains for drugs. i do not know -- i do not think it would be a cure all, the one proposal that would fix everything. democrats think it would reduce the cost of medicare. host: is there a plan b? guest: we have seen them as the january 1 deadline before and get 30-day extensions. at some point they were working without an extension. medicare told doctors to hold off on submitting your claims for a little bit. that is a situation we have ended up in before. if we're talking months, we're talking about big pay cuts for medicare doctors. that would be uncharted territory. host: joe from arizona on the republican line. caller: good morning. if we look at it logically, sarah is on the right track. we have become a society with honesty as a technicality. you can get more money but you break the law. our society -- you need to stop your people on the show, politicians and say, i asked you a question and you didn't answer it. this is why the doctors in medicar
, man. thank you. thank you to those of you at home for joining us for this hour. after what has been honestly an amazing day of news. it was 3:342 eastern this afternoon when nbc news, network news broke into regular programming with an exclusive special report. watch. ♪ >> this is an nbc news special report. here's brian williams. >> good day. we're coming on the air right now to break exclusive word that the united states ambassador to the united nations, ambassador susan rice, has transmitted word to the president of the united states that she is withdrawing her own name from any future consideration for nomination to become perhaps the next secretary of state following hillary rodham clinton. >> that was the news broken today by nbc at 3:40 in the afternoon. susan rice remains the u.s. ambassador to the united nations. and a high-profile one at that. she's known for being very close to president obama, a long-time friend and ally for the president. she's also known for being blunt. and for being aggressively intelligent. she is a rhodes scholar. she's stanford educated. she was
love the tincell on the tree. you can tweet them to us . send it to fox news.com. >> have a great day, we'll see you later. "fox and friends" starts right now. bye. >> >> gretchen: good morning, everyone. i am gretchen carlson. thanks for sharing your susan rice wants out. she asked not to be considered for secretary of state. that will push her involvement in libya right under the rug. >> steve: parents pleading for help. the united states government is joining the fight. can they fro our marine from mokesco. that's straight ahead ? >> brian: a high school basketball team lose by 105 poigns . other than the parents want to know why that was allowed to happen. tough love or basketball beat down. they definitely lost. "fox and friends" starts right now. >> i want to wish everybody happy hanukkah and happy christmas and go giants. mr. #1: yeah, there is scotty. >> brian: why are you taking sides, scott ? you just want all times to play well, right. >> gretchen: no, he doesn't. he is not a fair weather fan. i like that. he has conviction and says what he thinks. >> brian: those superbowl
, and my only american cousin dolores, who is visiting with us from florida. good to have all three of them here today. boomie is our champion. he has had two runaway games in a row. can he make it three against silas and beth? let's start finding out. good luck, players. here we go-- the jeopardy! round, and these are going to be your categories... each correct response beginning with that letter, of course. boomie, start us. dialects for $200, please. what is japanese? uh, dialects for $400. what is arabic? dialects, $600. what is german? uh, dialects for $800. what is spanish? dialects, $1,000. what is the philippines? "s" as in simile for $200. what is snug? simile for $400. what is slippery? simile--"s" as in simile for $600. what is sharp? simile, $800. what is stubborn? "s" as in simile for $1,000. what is still? you double your score to $2,000. uh, burns, baby, burns, for $200. what is sc? uh, burns for $400. whotland"auld lang syne"? uh, burns for $600. what is require? no. boomie. what is "desire"? burns for $1,000. and you're in the lead. i'd like to wager $1,200. all righty, her
he told uses threats have been narrowed down to a couple of cell phones. that is new information tonight. we are watching this one closely and we will keep you posted. it is time for the last word. have a great night. >> okay massachusetts, are you ready for another scott brown senate campaign? >> there are so many things we need to get done. >> today i made the decision. >> withdrawing her own name. >> not to continue to be considered. >> she had to remove her name. >> to be the next secretary of state. >> to be the best thing for our country. >> i don't believe she deserves to be promoted. >> i don't trust her. >> this is not going to help republicans at all. >> there are so many things we need to get done. >> most of you want compromise. >> the two sides are talking. >> let's get real. >> let really get real. >> tensions in washington are nearing critical mass. >> here we are at the 11th hour. >> 18 days. >> the republicans sent a letter. >> we made a reasonable offer. >> it is this issue spending. >> let's all take a deep breath. >> voters trust the president to handle negoti
: coverage continues on "happening now.". jenna: if you're just joining us a school shooting in connecticut. still uncon fermed details. this happened at sandy hook elementary school about hour and a half ago. according to wires and local reports we're getting some information there are several injuries at this elementary school this friday morning. a few details about this area. this place, this newtown, township, in connecticut is about 60 miles from new york city. it's a town of less than 30,000 people. so small community and a small elementary school at that we're trying to work on details what actually transpired this morning but according to the latest, we have unconfirmed report from the local paper, the courrant, there are two shooters being reported. one shooter is dead according to this report. another one is still on the loose. again very spotty reporting at this time. we're working very hard to get someone on the scene there. you're looking at a satellite shot of this elementary school. again a very developing scene there shortly after 9:40 this morning according to the local ne
of hillary clinton's security advisory board. thank you both for joining us this evening. >> thanks for having us on. >> eliot: steve let me start with you. after the way the president had reinforced susan rice, not only saying an attack on her is an attack on me at a press conference, the scripted applause and his statements about her at a cabinet meeting just recently, this seems like such a sharp u-turn and you heard me say a few moments ago seems as though the president caved. am i wrong about that? what do you understand to be going on here? >> well, i think it was. i think susan described it accurately. she's a very capable and competent woman who would have, i think done a great job as secretary of state. that said, it is a distraction. it has been a distraction. when jonathan karl asked the president what he thought of john mccain and lindsey graham's comments, i actually happened to be hosting the meeting that that happened at, it started a spark and you had a number of senators, john barossi was one susan
goddess, the guy who owns the show sent us the news yesterday that susan rice withdrew. [ laughter ] >> if only we had a tv. >> stephanie: right or computers. here she is news goddess jacki schechner. >> secretary of defense has authorized deployment of 400 troops to man the turkey syria border. they are emphasizing this is only a defensive mission. susan rice will meet with president obama at the white house today. he has already accepted her withdraw for consideration to replace hillary clinton. she is a fighter but not at the cost of what is right with the country. the president praised her strength of character, and called the attacks on her in recent weeks unfair and misleading. the reaction to the withdrawal were short and dismissive. the behavior of certain republican senators was a disgrace on national security issues. i'm not mad at you. i'm just very disappointed. >> we have always heard that from our grade school teachers. >> stephanie: several republican senator went after rice following the attack on the consolelate in benghazi. abc pointing out
secretary leon panetta announcing that the u.s. is sending patriot missiles and troops to turkey to deal with the growing threat from the neighboring syria. 400 troops will join nato forces and stand ready to act if syria intends to unleash chemical weapons. fox's leland vittert is in our middle east bureau. leland, just a few days ago the head of nato said the assad regime is about to collapse. why deploy these troops now? >> reporter: it really has to do with showing solidarity with the turks who are clearly very scared and timing comes a couple days after we learned that the syrians were mixing chemical weapons to possibly use. so this is the united states and nato's way of really get being behind turkey, a close ally saying we support you. the secretary of defense was quick to point out that the patriot missiles are just that, defensive weapons that will be put down along the syrian border to protect syria, protect turkey from attacks by syrian jets or scud missiles that would fly in but that is not exactly the whole story. the patriots could be easily programmed and put in a no-fly
criticism over her first response to the attack that killed the u.s. ambassador to libya. margaret brennan is at the state department. margaret, good morning. >> reporter: good morning, norah and charlie. cbs news has learned susan rice privately began expressing doubts about her nomination to friends this week saying the attacks had reached a fevered pitch. then yesterday she had a phone conversation with president obama and withdrew her name from consideration as secretary of state. >> i would have been very honored to serve in that job, just as i'm delighted to do what i'm doing. but yes, sure how can you not want to in my field serve at the highest possible level? >> reporter: last night u.n. ambassador susan rice explained why she asked president obama not to consider her for secretary of state. in an op-ed she wrote, quote, a national security appointment, much less a potential one, should never be turned into a political football. there are far bigger issues at stake. on twitter she posted those of you who know me know that i'm a fighter, but not at th
was levi strauss. now, 140 years later 450 million pairs of jeans are sold every year in the u.s. alone. now, you would think with that volume, the manufacturing process would be totally mechanized but actually a lot of it is still done by hand. a typical pair of jeans is made from 15 individual pieces, someone has to oversee cutting all of those pieces and sew them together and as you can see in this discovery channel documentary, the seams get ironed out flat then the zipper and the rivets are attached and finally, because who wants new-looking jeans they get distressed. workers put them on giant rubber legs that get blown up like balloons and then they give some rough treatment to them so they really look like they came out of a california mine. now, that discovery channel documentary might show satisfied workers happily doing their jobs but the truth is that kind of work is really hard. it requires a lot of tough manual labor. and for that, american companies have gone overseas and specifically to bangladesh. that c
." with us on set, we have msnbc political analyst and vice president and executive editor of msnbc.com, richard wolffe. >> how did we get him? >> so elegant. here's the chairman of deutsche incorporated, donny deutsch. >> incorporated. >> exactly. and in washington, nbc chief foreign affairs correspondent and host of "andrea mitchell reports," andrea mitchell. she is a huge fan in jane heller. >> jane heller said she looked extraordinarily elegant last night. >> you were remarkable last night on television. >> when andrea mitchell is involved in anything, it upgrades the elegance. >> made me feel better. >> we had to counter you somehow. >> that's why we brought her on. so under fire, rice ends her bid to succeed hillary at state. and this is the lead. president obama knew before he picked up the phone on thursday afternoon what susan rice, his ambassador to the united nations, was calling about. she wanted to take herself out of the running for secretary of state and spare him a fight. and that's exactly, mika, what she did. >> so brian williams asked her about this, and here's a
make $1 million or more. but you have to give us the spending cuts. think something like that would go through? >> my concern is, first of all, we sort of concede the point that we should be raising revenue. it is important to keep in mind that there are two different issues. one is the short term short-term that we are in a recession. when the economy is strong again, revenues will go back out. people make more money. we will be back. if we do nothing to extend all the tax cuts, we will be back to our long-term average of about 18 or 19% of gdp in taxes. without keeping these. tracy: it's a great point. >> we should be talking about the long-term budget deficits and these are driven by entitlement spending. i do think that you look at the biggest three things, medicare, social security, and defense -- they should be on the table. i think we can do this without hurting the poor and we can cut back on medicare and social security in a way that doesn't sacrifice those at the bottom. i think that is doable. but he needed the programs under control..3 you need to get medical costs under co
, short yen. look for the 320 number out of the election on sunday. >>> that's it for us here at "money in motion." your next chance to look at the currency trade is sunday afternoon. >>> i'm jim cramer, and welcome to my world. >> you need to get in the game. >> firms are going to go out of business, and he's nuts! they're nuts! they know nothing! >> i always like to say there's a bull market somewhere, and i promise -- >> "mad money." you can't afford to miss it. >> hey, i'm cramer. and before we begin tonight, i want to express our thoughts and prayers that everyone affected by this terrible tragedy in newtown, connecticut. our words can do little to ease your pain. but you know this. we are with you in this incredible difficult time. and recognize that you are who we are thinking about, even as we try to focus on our work today. so as for the markets, it was another weak day. dow dipped 36 points. s&p gave up .41%. nasdaq declined .70. a lot of that again because of apple. you know the drill as we head into the weekend. i'm not expecting to hear any progress on the fiscal cliff. but
at montevista high school with details for us. >> it appears that this entire thing that went on yesterday was a hoax but sheriff's deputies not taking any chances. they are going to have additional deputies at montevista high and also at lincoln elementary something that begin four miles from here in san jose. take a look at message that started this entire thing, at linbrook high school a spray-painted threat about a bomb and threat about a teacher. that threat led to santa clara county sheriff's deputies closing down montevista and lincoln elementary. bomb-sniffing dogs were called out. they checked out the campus. a room by room search went on. shortly after the 11:00, it was the all clear, just a hoax but the sheriff's office is also interested in protecting the teacher in case there might be some truth to this. >> a couple deputies are providing protection. >> it won't be a laughing matter if they find the persons that spray pained that message. that person or persons could be facing a felony. this morning, both monte vista high and lincoln elementary will be open for business but as
happens and where we go, all of us may meet again. >> after learning about ambassador rice's withdraw the party tweeted bring it on hash tag massachusetts senates. the democrats got cute when john kerry was running for senate. they created this thing where you have to have an erosion. and then 150 days or somewhere you have this election. and so, it looks like the democrats feel confident enough that they can hold on to the seat. >> oops. here comes scott brown again. i think this is so irritating. you have the republican members of the senate deciding who the next secretary of state is. rather than admitting who the call is. you know washington is that senators prefer other senators and they would rather have a sweet deal. democrats say they are confident they can win another special election. but the whole thing smells. >> the last time i heard a confirmation hearing. >> he is the chairman of the committee that confirms the treasury secretary okay? and so we had to run the hearing even though the chairman is done there as the witness. bob dole said why don't we vote before the heari
Search Results 0 to 23 of about 24 (some duplicates have been removed)

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